Can I retire at age 41 with 1,590,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$131,301$130,131$128,990$127,876$126,789$123,125
2 years$65,000$63,790$62,617$61,479$60,376$56,713
3 years$42,903$41,687$40,517$39,390$38,305$34,759
4 years$31,857$30,645$29,486$28,378$27,319$23,917
5 years$25,231$24,026$22,882$21,797$20,768$17,519
6 years$20,815$19,619$18,492$17,432$16,433$13,340
7 years$17,662$16,476$15,367$14,331$13,364$10,427
8 years$15,298$14,123$13,033$12,022$11,087$8,304
9 years$13,460$12,296$11,225$10,240$9,337$6,705
10 years$11,991$10,839$9,786$8,827$7,955$5,471
11 years$10,790$9,649$8,616$7,682$6,842$4,502
12 years$9,790$8,661$7,646$6,738$5,929$3,728
13 years$8,944$7,827$6,831$5,949$5,170$3,103
14 years$8,220$7,114$6,138$5,281$4,532$2,594
15 years$7,593$6,499$5,542$4,710$3,991$2,176
16 years$7,044$5,963$5,024$4,217$3,527$1,831
17 years$6,561$5,491$4,572$3,789$3,127$1,544
18 years$6,132$5,074$4,174$3,415$2,781$1,304
19 years$5,749$4,703$3,821$3,085$2,478$1,104
20 years$5,404$4,370$3,507$2,794$2,214$936
21 years$5,092$4,071$3,225$2,536$1,981$794
22 years$4,810$3,800$2,973$2,306$1,776$674
23 years$4,552$3,554$2,745$2,100$1,594$573
24 years$4,316$3,330$2,538$1,915$1,433$487
25 years$4,099$3,125$2,351$1,749$1,289$415
26 years$3,900$2,937$2,180$1,599$1,161$353
27 years$3,715$2,764$2,025$1,464$1,047$301
28 years$3,544$2,604$1,882$1,341$945$256
29 years$3,385$2,457$1,752$1,230$853$219
30 years$3,237$2,320$1,632$1,129$771$186
31 years$3,098$2,193$1,521$1,037$697$159
32 years$2,969$2,075$1,419$953$630$136
33 years$2,847$1,965$1,325$876$570$116
34 years$2,734$1,863$1,238$806$517$99
35 years$2,626$1,767$1,158$742$468$84
36 years$2,525$1,677$1,083$683$424$72
37 years$2,430$1,593$1,014$630$384$61
38 years$2,340$1,514$949$580$348$52
39 years$2,255$1,439$889$535$316$45
40 years$2,174$1,369$833$494$286$38
41 years$2,097$1,304$782$455$260$33
42 years$2,024$1,241$733$420$236$28
43 years$1,955$1,183$688$388$214$24
44 years$1,889$1,128$646$358$194$20
45 years$1,826$1,075$606$331$176$17
46 years$1,766$1,026$569$306$160$15
47 years$1,709$979$535$282$145$13
48 years$1,655$934$503$261$132$11
49 years$1,602$892$473$241$120$9
50 years$1,552$852$444$223$109$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,590,000, adding $5,771 every year, while hoping to spend $47,371 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 79/5/16 Blend
40$1,590,000$1,590,000$1,590,000$1,590,000
41$1,758,133$1,673,863$1,649,218$1,890,578
42$1,887,060$1,705,480$1,654,064$2,010,260
43$2,027,550$1,737,058$1,657,485$2,134,930
44$2,180,732$1,768,546$1,659,383$2,270,398
45$2,347,850$1,799,888$1,659,656$2,417,726
46$2,530,271$1,831,023$1,658,195$2,578,083
47$2,729,502$1,861,886$1,654,887$2,752,760
48$2,947,200$1,892,408$1,649,615$2,943,177
49$3,185,192$1,922,513$1,642,254$3,150,898
50$3,445,485$1,952,120$1,632,674$3,377,648
51$3,730,294$1,981,143$1,620,738$3,625,325
52$4,042,055$2,009,489$1,606,303$3,896,023
53$4,383,450$2,037,060$1,589,219$4,192,047
54$4,757,434$2,063,748$1,569,330$4,515,939
55$5,167,261$2,089,441$1,546,472$4,870,497
56$5,616,514$2,114,016$1,520,471$5,258,808
57$6,109,140$2,137,345$1,491,149$5,684,270
58$6,649,486$2,159,288$1,458,316$6,150,629
59$7,242,340$2,179,699$1,421,776$6,662,014
60$7,892,975$2,198,420$1,381,321$7,222,974
61$8,607,199$2,215,284$1,336,737$7,838,521
62$9,391,413$2,230,112$1,287,797$8,514,180
63$10,252,664$2,242,715$1,234,265$9,256,038
64$11,198,718$2,252,890$1,175,895$10,070,804
65$12,238,128$2,260,422$1,112,428$10,965,871
66$13,380,317$2,265,084$1,043,595$11,949,387
67$14,635,668$2,266,631$969,114$13,030,331
68$16,015,617$2,264,807$888,690$14,218,597
69$17,532,766$2,259,338$802,016$15,525,091
70$19,200,995$2,249,933$708,771$16,961,830
71$21,035,600$2,236,283$608,619$18,542,058
72$23,053,432$2,218,062$501,208$20,280,370
73$25,273,057$2,194,922$386,174$22,192,851
74$27,714,932$2,166,496$263,133$24,297,229
75$30,401,594$2,132,394$131,688$26,613,037
76$33,357,878$2,092,202$0$29,161,807
77$36,611,145$2,045,484$0$31,968,730
78$40,191,545$1,991,775$0$35,082,575
79$44,132,296$1,930,586$0$38,509,732
80$48,470,003$1,861,397$0$42,282,038
81$53,244,996$1,783,658$0$46,434,577
82$58,501,716$1,696,788$0$51,006,007
83$64,289,133$1,600,172$0$56,038,926
84$70,661,203$1,493,160$0$61,580,275
85$77,677,384$1,375,063$0$67,681,778
86$85,403,191$1,245,155$0$74,400,433
87$93,910,816$1,102,666$0$81,799,049
88$103,279,808$946,786$0$89,946,837
89$113,597,825$776,655$0$98,920,064
90$124,961,459$591,367$0$108,802,773
91$137,477,148$389,965$0$119,687,577
92$151,262,181$171,437$0$131,676,531
93$166,445,802$0$0$144,882,095
94$183,170,431$0$0$159,431,791
95$201,593,007$0$0$175,469,086
96$221,886,471$0$0$193,135,107
97$244,241,393$0$0$212,595,758
98$268,867,777$0$0$234,033,864
99$295,997,035$0$0$257,650,887
100$325,884,177$0$0$283,668,831